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(re)Bucketed?

Senior Contributor

Re: (re)Bucketed?

I can only speak for myself. No changes in anything. Clean before clean now. 2 of 6 cards reporting balances now and then as well. Same dollar amounts across the two cards. Well under 4% of  credit limits per card and total available. Same reasons for score not higher. TU no installments open not long enough revolving history. EX short credit history not long enough revolving history. My EX has gone from 826 to 787 over the course of the past year. No credit report changes other than my cards have more age on them. My AAofA was 6 years a year ago close to 7 now. That wouldn't put me in a new bucket.

Message 11 of 14
Epic Contributor

Re: (re)Bucketed?


AndySoCal wrote:

Changes in your credit profile/characteristics will change the bucket you are in. Here are a couple of examples haveing derog information on your credit report to having no no derog information on you report.. Heavy credit utilization to some credit utilization (> 10%) The FICO score has several score cards. Another possible sign is a change in the score reasons shown on your report IE a new one(s).


Utilization is not a bucket.

Message 12 of 14
Valued Contributor

Re: (re)Bucketed?

Level of level indebtedness might be. The FICO score has about 10 scorecards or buckets. To my knowledge no one knows what the score cards or what they are composed of. If you do know name them.

Equifax My FICO score 814 11/29/2016, Discover TU FICO 807 12/29/2016 Citibank Equifax Bankcard FICO score 827 12/27/2016 Average of Accounts 13 years and no Installment accounts, 1 TU inquiry in 2015
Message 13 of 14
Epic Contributor

Re: (re)Bucketed?


AndySoCal wrote:

Level of level indebtedness might be. The FICO score has about 10 scorecards or buckets. To my knowledge no one knows what the score cards or what they are composed of. If you do know name them.


If you haven't read this.  http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Re-bucketing/td-p/1434216

 

I have nothing to show utilization is not a bucket but was told by a very reliable source it is not.

 

 

 

Message 14 of 14